VL Infraprojects IPO Date, Price, GMP, Review – The IPO for VL Infraprojects will begin on July 23. A SME intending to raise ₹18.52 crores through an IPO is VL Infraprojects. The market lot for the VL Infraprojects IPO is 3000 shares, and the price range is set at ₹39 to ₹42. Established in 2014, VL Infraprojects Limited provides planning, building, and commissioning services for a range of government projects, with a focus on irrigation and water infrastructure. The company is in the business of carrying out infrastructure projects linked to wastewater and water supply. These projects primarily involve the purchase of pipes and the subsequent backward integration of their laying, connecting, and commissioning, together with all associated civil engineering works.
VL Infraprojects IPO Details
| IPO Open Date | July 23, 2024 |
| IPO Close Date | July 25, 2024 |
| Listing Date | July 30, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹39 to ₹42 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 4,410,000 shares
(aggregating up to ₹18.52 Cr) |
| Fresh Issue | 4,410,000 shares
(aggregating up to ₹18.52 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
V.L.Infraprojects Financials
V.L.Infraprojects Limited’s revenue increased by 149.72%, while profit after tax (PAT) increased by 175.76% between the fiscal years ending March 31, 2024 and March 31, 2023.
| FY 2024 | |
| Assets | 5,691.39 |
| Revenue | 11,400.05 |
| Profit After Tax | 614.01 |
| Net Worth | 1,636.01 |
| ROE | 46.20% |
| ROCE | 39.09% |
| RoNW | 37.53% |
| P/BV | 2.9 |
| PAT Margin (%) | 5.39 |
How to apply VL Infraprojects IPO?
- You can use the ASBA that is linked to your bank account to apply for VL Infraprojects IPO. Just choose the VL Infraprojects IPO in the Invest area of the online bank login and apply using your bank account.
- The alternative is to apply for the VL Infraprojects IPO by downloading the forms from the NSE website. View the VL Infraprojects forms by clicking the NSE IPO Forms link, downloading the form, filling it out, and submitting it to your broker or bank.
About the Company- V.L.Infraprojects
V.L.Infraprojects Limited was created in 2014 and specializes in the planning, building, and completion of government projects, particularly those involving water infrastructure and irrigation.
The company is involved in the execution of water supply and wastewater infrastructure projects, which primarily include the procurement of pipes and their laying, connection, and commissioning with backward integration, as well as all related civil engineering works such as civil works, pumping stations, and the installation of electromechanical equipment (pumping machines) for the distribution of water supply from river to household. The company also operates and maintains water pipelines.
